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they also say it's retaliation for pakistan's expulsion of u.s. military advisers. we're going to be getting an update on debt ceiling negotiations in the u.s. when president barack obama holds a news conference in just a few hours. he plans to meet with the republican and democratic leaders again on monday to try to come up with a deficit reduction deal. those are the headlines. this is cnn in london. "world business today" starts right now. >>> hello, welcome to "world business today." i'm charles hodson in london. >> and i'm paula chu in hong kong. >> "news of the world" is climbing the corporate ladder with reports that rebeba brooks is set to speak to police. >>> companies and consumers cry foul as australia's prime minister imposes a tax on the country's worst polluters. >>> they're trying to keep greece on tack. their grossing fears of the debt contagion is affecting italy. >> before all of that, let's take you to the stock markets and the aftershocks from friday's dismal stock report. only 18,000 jobs had been added in jeune in the u.s., much lower than expe
they also say it's retaliation for pakistan's expulsion of u.s. military advisers. we're going to be getting an update on debt ceiling negotiations in the u.s. when president barack obama holds a news conference in just a few hours. he plans to meet with the republican and democratic leaders again on monday to try to come up with a deficit reduction deal. those are the headlines. this is cnn in london. "world business today" starts right now. >>> hello, welcome to "world...
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will it have any type of impact on pakistan? >> pakistan says no. they're saying we can handle whatever it is, but, you know, this is -- this is a very important relationship, the u.s.-pakistan relation shi. -- relationship. it's in a very bad way. is it likely to completely unravel? no, the stakes are too high. but one of the things concerning the u.s. is we're bickering with the pakistanis and reducing aid, they're not helping us and they're not helping them. they're turning more to get help from china. they've had a lot more contact with china. the -- the whole issue is on that border. the border with afghanistan, waziristan, taliban, al qaeda, other troops are operating. >> pakistan will continue the fight, even without the $800 million in military aid, it will continue the fight against the militants. a lot of people are saying, where have you been until now? what fight is taking place at this point? >> it's true. it's a fair criticism. it's a fair criticism that the pakistanis haven't done enough in certain areas. you have to balance that by s
will it have any type of impact on pakistan? >> pakistan says no. they're saying we can handle whatever it is, but, you know, this is -- this is a very important relationship, the u.s.-pakistan relation shi. -- relationship. it's in a very bad way. is it likely to completely unravel? no, the stakes are too high. but one of the things concerning the u.s. is we're bickering with the pakistanis and reducing aid, they're not helping us and they're not helping them. they're turning more to get...
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and pakistan. white house chief of staff william daly says it's in response to pakistan's decision to cut back on counterterrorism operations after the killing of osama bin laden. the u.s. typically gives pakistan more than $2 billion a year in security assistance. >>> u.s. joint chiefs of staff admiral -- chairman admiral mike mullen says china should no longer be described as a rising power, declaring it's a full-fledged world power hp he made the remarks at the start of a four-day visit to beijing. he called on china to become a global partner in addressing security challenges in asia and beyond. >>> jay si dugard speaking about her 18 years in captivity at the hands of philly and nancy garrido. she was 11 when kidnapped by garrido, a convicted sex offender, as she was walking to school. she talked about the long, horrifying ordeal with abc's diane sawyer. >> you would never know what she survived unless you notice how her face changes when she speaks of the past and the charm around her neck, a
and pakistan. white house chief of staff william daly says it's in response to pakistan's decision to cut back on counterterrorism operations after the killing of osama bin laden. the u.s. typically gives pakistan more than $2 billion a year in security assistance. >>> u.s. joint chiefs of staff admiral -- chairman admiral mike mullen says china should no longer be described as a rising power, declaring it's a full-fledged world power hp he made the remarks at the start of a four-day...
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threatening to cut off nearly $1 billion in aid to pakistan. at first, the pakistani military sort of brushed it off. but today, the prime minister of pakistan expressed some real concern about that aid being cut. this visit could be one of the first steps to trying to find a way forward in which the two countries can still cooperate. >> the accusation is that elements of the isi, the pakistani intelligence service are helping insurgents, enemies of the united states in afghanistan and effectively helping to kill americans and other nato forces there. what are they saying about that? >> well, wolf, it doesn't make sense when you look ate from an american perspective. when i was in pakistan earlier this year, pakistani officials are very concerned about two things. they feel a threat from india. they're worried about the indians having influence in afghanistan. there are some elements within pakistan that use these insurgents in afghanistan as sort of a check on india's power there. they don't like this idea of this rival india having influence
threatening to cut off nearly $1 billion in aid to pakistan. at first, the pakistani military sort of brushed it off. but today, the prime minister of pakistan expressed some real concern about that aid being cut. this visit could be one of the first steps to trying to find a way forward in which the two countries can still cooperate. >> the accusation is that elements of the isi, the pakistani intelligence service are helping insurgents, enemies of the united states in afghanistan and...
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. >>> building anything in afghanistan and pakistan is a challenge. building orphanage is miraculous. this woman is giving hundreds of orphans a home and hope. you had a chance to interview the lady. how did she get out? >> it's a remarkable story. she is only 20 and she has accomplished more in her 28 years than most of us have. she went to extreme poverty and sought terrible things in refugee camps in iran and pakistan and at a young age, she wanted to make sure that children of afghanistan, future of this country will never have to endure what i went through. and i just want to read one thing she told me which is also on her website. she says for me is there a practical remedy for the ignorance oppression and hate rid and poverty so deeply embedded in society. raise a new generation of new boys and girls. >> a new generation. with this philosophy, these kids in poverty, they turn to extremism. they end up being the people that want to kill us and she knows that. that is why she wants to do this even more. >> it's interesting question. because i ask
. >>> building anything in afghanistan and pakistan is a challenge. building orphanage is miraculous. this woman is giving hundreds of orphans a home and hope. you had a chance to interview the lady. how did she get out? >> it's a remarkable story. she is only 20 and she has accomplished more in her 28 years than most of us have. she went to extreme poverty and sought terrible things in refugee camps in iran and pakistan and at a young age, she wanted to make sure that children...
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the military believes the gunmen were members of the pakistani pakistan in the swat valley. again, in 2009, a military operation chased them away. they say it's a tactic that will not work. wolf? >> an amazing, very, very amazing story. thanks very much for that. it's a startling claim by a man who wants to be president of the united states. we're going to focus on new remarks by republican presidential candidate herman cain who's taking his very vocal concerns about muslims to a whole new level. and when rupert murdoch faces british law makers in a matter of hours, he may feel like he and his entire media empire are on trial. stay with us. you're in "the situation room." discover customersl are getting five percent cashback bonus at the pump... and at many of the places their summer plans take them. it pays to switch, it pays to discover. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that'
the military believes the gunmen were members of the pakistani pakistan in the swat valley. again, in 2009, a military operation chased them away. they say it's a tactic that will not work. wolf? >> an amazing, very, very amazing story. thanks very much for that. it's a startling claim by a man who wants to be president of the united states. we're going to focus on new remarks by republican presidential candidate herman cain who's taking his very vocal concerns about muslims to a whole...
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identified 10 to 20 leaders who he says are in pakistan, yemen and in other areas. >>> and one new nation in the world, two big celebrations marking independence day. this is the flag of the now independent nation of south sudan, rising for the first time over the capital city of juba. the country is officially separate today after five decades of on and off civil war with the mostly muslim north. the same flag rising today in washington, d.c. over the new embassy of south sudan. >>> so let's talk about that moment some more, that scene of the flag rising above the new embassy of south sudan in washington. elise abbott is the senior state department producer. that scene almost as important as the celebration in south sudan. lots of symbolism that comes here and a real commitment too between the u.s. and south sudan. >> that's right. the u.s. really for decades has been working to help south sudan for this moment. the u.s. really under the bush administration started pushing this agreement, this comprehensive peace agreement between south and north sudan to get them to the day and really o
identified 10 to 20 leaders who he says are in pakistan, yemen and in other areas. >>> and one new nation in the world, two big celebrations marking independence day. this is the flag of the now independent nation of south sudan, rising for the first time over the capital city of juba. the country is officially separate today after five decades of on and off civil war with the mostly muslim north. the same flag rising today in washington, d.c. over the new embassy of south sudan....
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his reports about links between pakistan's security agencies and muslim extremists. mullen said thursday he has not seen anything to, quote, disabuse the report that he knew about shazad's death. basically that means he thinks he knew but he didn't have proof. they call mullen's comments irresponsible. >>> tens of thousands of protestors poured into tehrer square in cairo today to pressure the government to slow reforms. some groups say they'll protest in the square for 18 days, which was the length of the revolution. >>> and there was tragedy at a texas rangers game. look at that video, that fan falling 20 feet to a concrete area behind the scoreboard at rangers ballpark. he was reaching for a ball thrown by rangers outfielder josh hamilton. the man was raisced to the hospital but he died. the rangers said their thoughts and prayers are with the man's family. a man was injured last year after falling about 30 feet trying to catch a foul ball. >>> they are willing to cut social security if republicans agree to increase taxes on the rich. but my next guest says, hands
his reports about links between pakistan's security agencies and muslim extremists. mullen said thursday he has not seen anything to, quote, disabuse the report that he knew about shazad's death. basically that means he thinks he knew but he didn't have proof. they call mullen's comments irresponsible. >>> tens of thousands of protestors poured into tehrer square in cairo today to pressure the government to slow reforms. some groups say they'll protest in the square for 18 days, which...
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last believed to be in pakistan, where taliban militants have launched attacks across that border against troops down in the southern region. it's those southern and eastern regions of afghanistan that have experienced some of the highest levels of attacks. and this all comes at a very interesting time. we're seeing a hand over of seven key areas across the country to afghan security force. as those hand overs have taken place we've seen an uptick in attacks and assassination attempts, and successful attempts at that. half brother of president karzai was killed last week as well as a senior advisor to him earlier this week. so, again, a critical time here in afghanistan, and allegations of a hacking by the taliban. >> david, good to see you. thank you very much. we'll keep on top of the story with you. >>> close to now a dozen declared gop presidential candidates now but still many voters are asking who else have you got? a lot of republicans, especially those on the christian right are saying they want texas governor rick perry to get in the race. we'll have more on that. first some live
last believed to be in pakistan, where taliban militants have launched attacks across that border against troops down in the southern region. it's those southern and eastern regions of afghanistan that have experienced some of the highest levels of attacks. and this all comes at a very interesting time. we're seeing a hand over of seven key areas across the country to afghan security force. as those hand overs have taken place we've seen an uptick in attacks and assassination attempts, and...
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of course, top concerns always pakistan and what's going on inside that country and north korea and perhaps the number one target, if you will, for gathering intelligence about what they are up to may well be iran. the u.s. believes iran is really trying to extend its influence in both afghanistan and iraq and around the world. there will be a lot of effort over the coming years to see what iran is up to. general petraeus in charge of all of that now as director petraeus. we will see if he gives up the nickname he had for so many years since he attended west point where his cadet, fellow cadet buddies, used to call him peaches petraeus. >> where's the peaches come from? >> you know, guys at the academy, they just sort of make stuff up. i found out recently that amongst his buddies, his fellow former cadets, many of them now two, three, four-star generals themselves, that name peaches petraeus has stuck over the years. close friends, amongst others, maybe behind his back. not too much to his face. he's often called king david petraeus. >> well, good thing he is a big tough guy. >> he doesn't
of course, top concerns always pakistan and what's going on inside that country and north korea and perhaps the number one target, if you will, for gathering intelligence about what they are up to may well be iran. the u.s. believes iran is really trying to extend its influence in both afghanistan and iraq and around the world. there will be a lot of effort over the coming years to see what iran is up to. general petraeus in charge of all of that now as director petraeus. we will see if he...